President Donald Trump
Regulations raise minimum investments for most NYC projects from $500K to $900K; limit gerrymandering
The Trump administration released new rules governing the EB-5 cash-for-visas program. And many in the real estate industry believe the changes will tighten the spigot on a source of cheap capital that’s partly fueled the post-recession development boom.
Source: https://therealdeal.com/national/2019/07/23/big-changes-are-coming-to-the-eb-5-program/
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